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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (11439)	7/13/1998 3:51:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 18691

TD, hard to tell why AMZN is up, these things are not predictable short term.

To: put2rich who wrote (11439)	7/13/1998 4:09:00 PM
From: larry	Read Replies (2) \| Respond to of 18691

If you have looked at the trading pattern of AMZN in the past, you will find that everytime a major dip is followed by a rapid strong rally. No one can really time this one. As I can recall this year, AMZN ran from 60 toward 100 (presplit) in a hurry, and then settled for 80. Then it ran from 40 to 140 (postsplit) and retreated toward 94 1/4. is it time that this bad boy makes another bad move? Maybe. When the MM finishes making $$ on the short side, they can immediately go long to have a short squeeze party. AMZN has given too many fake heads in the past.:) larry!